Plain Text Law

§ 13–315

Statutes in effect as of October 1, 2026.

Md. Code Ann., Est. & Trusts § 13-315 (2026)
Title 13. Protection of Minors, Disabled Persons, Susceptible Adults, and Older Adults
Subtitle 3

§ 13–315Copy Citation

(a)
A custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the custodian’s duties.
(b)
Except for one who is a transferor under § 13-304 of this subtitle, a custodian has a noncumulative election during each calendar year to charge reasonable compensation for services performed during that year.
(c)
Except as provided in § 13-318(f) of this subtitle, a custodian need not give a bond.